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Butch's Barbecue thinks that offering delivery will increase their sales. Butch's is considering whether to purchase a used delivery truck costing $14,000. Additional net income
Butch's Barbecue thinks that offering delivery will increase their sales. Butch's is considering whether to purchase a used delivery truck costing $14,000. Additional net income from the delivery service will be $1,000 per year. The truck will last approximately 5 years. What is the unadjusted rate of return based on the average investment? Multiple Choice About 49.3% About 848.1% About 14.3% About 2.7%
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